Doug Casey's Take [ep.322] Get Out While You Can... And Where To Go

In this discussion, Doug Casey tackles various questions from subscribers of Crisis Investing, focusing on the future of the U.S. dollar, strategies for asset diversification and relocation, and the merits of crisis investing. Doug shares his insights on the dollar milkshake theory, the potential of gold as a crisis investment, and offers advice on selecting countries for relocation and asset protection, highlighting Argentina's prospects. Additionally, Doug debates the merits of maintaining U.S. citizenship, examines the cultural and political dynamics of Latin America, and assesses the investment potential in the Southern Cone and Dominican Republic. This conversation also delves into the geopolitical implications of Ukraine's potential involvement with NATO, analyzes the societal impact of oppressor versus oppressed narratives, and considers the feasibility of a precious metal-backed currency system in the U.S. amid global monetary reset discussions.

Chapters:

00:00 Introduction to Crisis Investing Q&A
00:17 Exploring Asset Diversification and International Relocation
01:03 The Dollar Milkshake Theory and Global Currency Dynamics
02:15 Choosing the Right Country for Relocation: Argentina and Beyond
04:49 Navigating the Challenges of International Relocation
08:41 The Decision to Renounce U.S. Citizenship
10:55 Cultural and Educational Influences in Latin America
14:06 George Soros and Political Financing Controversies
17:57 Real Estate vs. Stock Investment Dilemmas
22:25 The Process of Societal Destabilization
23:41 Navigating Uncertain Times: Strategies for Preservation
24:35 Investment Insights: Silver, Uranium, and ETFs
26:48 NATO's Expansion and the Ukraine Situation
28:52 Global Elite, Mass Hysteria, and Social Dynamics
30:42 The Future of Global Currency: A Return to Gold?
33:55 Investing in South America: Opportunities and Risks
37:29 Secure Storage and Asset Protection in Uruguay
39:17 Evaluating the Dominican Republic as a Bug-Out Location
43:22 Closing Thoughts on Government and Stability

[fabiogoncalves]

I have been an expat for over 24 yrs now and for some reason, I still have this feeling that many (if not most) people might be failing to understand how the multiple-flags strategy works. If one moves everything one owns in one's native country towards another country (rather than spreading them strategically, based on various criteria), then all one is doing is to move the vulnerability from a country towards another. You have just detached the problem, but it persists, just in a foreign country/jurisdiction. Now the idea is to prevent authoritarian actions from politicians and/or deep state bureaucrats against assets freezing and/or civil liberties suppression. Hence the need for other passport(s), residency permits in other countries, refraining from banking heavily on the same jurisdictions of residence. Always have a short notice escape route and - most important - never entrust exchanges with one's digital assets...list is not exhaustive.

[melindaxbc]

Love these videos. I am so in tune with everything you guys say. In these increasingly dangerous and insane times, it's especially calming to just sit and listen to voices of rationality. You would be great friends to have. Thank you!

[rlwmcmk]

This happened to me @5:30AM driving to work in Little Rock, Arkansas about 2 miles from the "Clinton National Airport". Getting off the highway someone threw a rock at my car! Wide spread mental illness & high crime in the U.S.A.. This area is mostly black and drug addicts.

[anneerickson]

The whole financial toilet bowl needs to be flushed. 😂 SO true!

[greychampioneast]

I was CASHLESS once...
I called it BROKE

[EvonWoppert]

Number 1 problem for all concerned… Government Tyranny.

[homertalk]

Soro's is Pure EVIL. with money, very dangerous.

[GuitarsAndSynths]

I love Argentina, Uruguay and Chile! Have spent lot of time in these countries and if one is fluent in Spanish so much better quality than USA. Half the living cost, better food quality and meat and friendly laid back people. BUT things can change fast in Latin America as they have a sordid history of far left socialism and fascism. Also you are the outsider as an American and when shit goes south you really do not want to be the rich foreigner target there!

[michaelwinter]

Some of the Soros stuff people forget that it is his son that is running a lot of those business and he is very inconnected in much of the communities pushing the same things

[lkabong]

At 64, I retired to Pattaya Thailand in November. In the US, I was able to tell them to stick their jab where the sun don't shine. Of course, I won't have that right over here, so my fingers are crossed, hoping we don't go through something similar to that again. In the meantime, I'm enjoying the heck out of Thailand.

[clarkridlen]

I'm moving into a Nipa hut on a paradise island in the South Pacific. Going into town once a month. With wifi and spa of course! Screw society.

[morningatsea]

This discussion is one of the best. Thank you both - ongoing it's great to know you exist.

[inflationmillionaire-dfmn]

Gold will not be used as currency. It will hold value and you can convert it into any currency. But it won't be used as currency.

[jamesgardner]

There is moral decay in the US but, the quality of life in the flyover states is still better than other countries.

[gagnepaingilly]

Everyone’s been preaching investing lately as a source of passive income but with a 70 hour weekly jobs and limited knowledge of financial instruments, how can I actually stay on top of things, I see every YouTube video saying BUY BUY! But when and how do I sell for profit at the right time?

[darinmullins]

I remember Doug from The Donnahue Show about 40 years ago i was 11, 12, 13 . And he has gotten better over time . I dont get into sports heroes, Doug is a great realist and speculator . 🏋️‍♂️

[brysteinberg]

How about El Salvador’s and Bukele’s leadership??

[official_mrpothead]

Jeremy Clarkson of original Top Gear. Has a great farm show that shows the whole farm perspective in England. Pitfalls what animals made them money which crops made better $$$. Very interesting

[douglascampbell]

What do you think about Greece, specifically Crete, just spent a week there, cost of living is low, culture is awesome, self sufficient in food, easy to access and very friendly to foreigners.

[alexg]

Thank you Matt, a very interesting episode and commentary on Argentina and Uruguay. A small correction - The ticker code for tge US listed Argentina ETF you refer to is ARGT, not ARCA. A small slip - ARCA is actually the exchange ARGT is listed on.